Monroe Capital Corporation

October 30, 2013


Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549


Re: Rule 17g-1 Fidelity Bond Filing for the following business development company:


     Monroe Capital Corporation (the “Company”)

Ladies and Gentlemen:

Enclosed for filing, pursuant to Rule 17g-1 under the Investment Company Act of 1940, as amended (the “1940 Act”), please find the following information with respect to the Company. Please note the following for the Commission’s records:


1. A copy of an Investment Company Bond issued by Travelers – St. Paul Fire and Marine Insurance Company (the “Bond”), Bond No. 15R2765A, which lists the Company as an insured, is enclosed under Exhibit 99-1.


2. A certificate of the Company’s Corporate Secretary in which he attests to the authenticity and accuracy of resolutions adopted by the members of the Company’s Board of Directors (including those members who are not “interested persons,” as defined in the 1940 Act, of the Company) which authorize the purchase of a bond in a form and in an amount which is consistent with Rule 17g-1 under the 1940 Act, is enclosed under Exhibit 99-2.


3. The Bond premium has been paid for the coverage period from October 25, 2013 to October 25, 2014, and the Bond is written for a $2,500,000 limit of liability.

Very truly yours,

/s/ Aaron D. Peck

Aaron D. Peck, Chief Compliance Officer

Investment Company Bond issued by Travelers
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SUITE 2200





Patrick McChrystal

525 W Monroe, Suite 600

Chicago, IL 60661



   Bond Policy Number:     15R2765A           Prior Bond Number:       ZBN-14T19079-12-N2

We are pleased to offer the following Binder for Investment Company Blanket Bond coverages.




Monroe Capital Corporation

Chicago, IL 60606



   St. Paul Fire & Marine Insurance Company      


   10/25/2013 to 10/25/2014      



Bond Premium Payable [Pre-Paid]:


Bill Type:

   Agency Bill      

Payment Type:

   Lump Sum / Full Pay    1 installments   


Insuring Agreements   

— Single Loss —

Limit of Liability

    — Single Loss —
Deductible Amount

All insuring agreements are shown. A checked checkbox indicates

an agreement that was selected by the insured.


þ (A) Fidelity

     $2,500,000        $100,000   

  ¨ Data Processing Organizations


  ¨ Partners


þ (B) Audit Expense

     $100,000        $0   

þ (C) Premises

     Same As Insuring Agreement A        Same As Insuring Agreement A   

þ (D)Transit

     Same As Insuring Agreement A        Same As Insuring Agreement A   

þ (E) Forgery or Alteration

     $2,500,000        $100,000   



SelectOne SM Bond    LOGO


Insuring Agreements

       — Single Loss —           — Single Loss —   
       Limit of Liability           Deductible Amount   

All insuring agreements are shown. A checked checkbox indicates

an agreement that was selected by the insured.


þ (F) Securities

       $2,500,000           $100,000   

þ (G) Counterfeit Currency

  Same As Insuring Agreement A      Same As Insuring Agreement A   

þ (H) Stop Payment

       $100,000           $5,000   

þ (I)Uncollectible Items of Deposit

       $100,000           $5,000   

þ Computer Systems

       $2,500,000      Same As Insuring Agreement A   

þ Voice Initiated Transactions

       $2,500,000           $100,000   

þ Telefacsimile

       $2,500,000           $100,000   

þ Unauthorized Signature

       $2,500,000           $100,000   

¨ Registered Representatives


¨ Extortion – Threats to Persons and Property




Form #      Form Title
ICB001      Investment Company Blanket Bond Declarations Page
ICB005      Investment Company Blanket Bond Form
ICB011      Computer Systems
ICB012      Unauthorized Signature
ICB013      Telefacsimile Coverage
ICB014      Voice Initiated Transactions
ICB016      Definition of Investment Company
ICB025      Amend General Agreement A - Newly Created Investment Companies
ICB026      Add Exclusions N&O (Mandatory)
ICB027      Joint Loss Payee Rider - ING



SelectOne SM Bond    LOGO

Proposal Subjectivities - For Investment Company Blanket Bond


þ This binder is a conditional binder, valid until 11/25/2013. This binder will expire on the noted date, at the noted time, unless the required underwriting information stated below is provided to Travelers and then reviewed and accepted by Travelers prior to the noted expiration date and time. This binder shows the premiums of the general coverages described, but in no way changes or affects any terms, conditions or exclusions of policies as actually issued.


þ A Travelers Investment Company Blanket Bond Application, (ICB003) that must be properly completed, signed and dated on or before the effective date of coverage.

Thank you for considering the Travelers for your client’s specialty insurance coverages. Please call if you have any questions regarding the terms and conditions offered here.




Anupama Nagaraju   Telephone:    312/458-6687
Acct Exec Officer Bond/FPS   Facsimile:    312/458-6674
  E-mail Address:






For information about how Travelers compensates independent agents, brokers, or other insurance producers, please visit this website:

If you prefer, you can call the following toll-free number: 1-866-904-8348. Or you can write to us at Travelers, Enterprise Development, One Tower Square, Hartford, CT 06183





D0148 Ed. 05-08

  Page 1 of 1
Certificate of the Company's Corporate Secretary

Secretary’s Certificate

The undersigned hereby certifies that the below resolutions adopted by written consent of Monroe Capital Corporation’s Board of Directors, dated October 28, 2013, are authentic.

IN WITNESS WHEREOF, I have hereunto set my hand as of the 30th day of October, 2013.


/s/ Aaron D. Peck

Aaron D. Peck

Corporate Secretary



Adopted by Unanimous Written Consent, dated October 28, 2013

WHEREAS, the Board, by resolutions adopted at a duly called meeting on October 22, 2012, approved that the officers of the Corporation, among other things, establish a bond issued by Travelers-St. Paul Fire & Marine Insurance Company, a reputable fidelity insurance company, against larceny and embezzlement, covering each officer and employee of the Corporation, who may have access to securities or funds of the Corporation, either directly or through authority to draw upon such funds or to direct generally the disposition of such securities (“Fidelity Bond”), pursuant to Rule 17g-1 of the Investment Company Act of 1940 Act (the “1940 Act”), and to file with the Securities and Exchange Commission all such agreements, instruments, certificates, permits and other documents as may be necessary, required or advisable in order to maintain such Fidelity Bond; and

WHEREAS, pursuant to Rule 17g-1 of the 1940, the Corporation is required to maintain adequate coverage under the Fidelity Bond; and

WHEREAS, on October 24, 2013, the officers of the Corporation, on behalf of the Corporation, entered into a renewal of the Fidelity Bond for the following year, which includes coverage of $2,500,000 (the “New Fidelity Bond”), which exceeds the minimum amount required by Rule 17g-1;

THEREFORE BE IT RESOLVED, that the members of the Board, a majority of whom are not interested persons under the 1940 Act, hereby acknowledge and agree that the New Fidelity Bond is reasonable in form and amount;

RESOLVED, FURTHER, that the appropriate officers of the Corporation be, and they hereby are, authorized to enter into the New Fidelity Bond for the Corporation;

RESOLVED, FURTHER, that any and all previous actions taken by the Corporation’s officers, principals or agents in connection with the New Fidelity Bond be, and hereby are, approved and ratified as duly authorized actions of the Corporation.

RESOLVED, FURTHER, that the appropriate officers of the Corporation be, and each of them hereby is, authorized and directed, for and on behalf of the Corporation, to file the New Fidelity Bond with the Securities and Exchange Commission and to give the notices with respect to such bond, if any, required by the 1940 Act.